Are your savings safe in your bank account? Waiting for prices to drop on certain items in the next while, or is now the time to get in?
A separate Thread for trying to determine whether we are heading into a deflationary or inflationary environment. We can also use this thread to track price changes in specific goods/services. I believe deflation and inflation will occur at the same time dependant on products, but that inflation will be what is coming in the next 5 - 10 years.
Inflation
Inflation article for quote below
A separate Thread for trying to determine whether we are heading into a deflationary or inflationary environment. We can also use this thread to track price changes in specific goods/services. I believe deflation and inflation will occur at the same time dependant on products, but that inflation will be what is coming in the next 5 - 10 years.
Inflation
Inflation article for quote below
With gold prices surpassing $2,000/oz recently, the monetary metal has now made new all-time highs versus all the world’s major fiat currencies. Gold is, as former Federal Reserve chairman Alan Greenspan has acknowledged, the “ultimate money.”
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On Tuesday, the yield on the 10-year Treasury note fell to a record-low 0.52%.
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Inflationary episodes like we saw the late 1970s – and like we’ve been seeing over the past four months – are characterized by extreme volatility amid dollar insecurity. Holders of Federal Reserve Note dollars and dollar-denominated real negative-yielding IOUs are like sheep lining up to get slaughtered through purchasing power losses.
Deflation
There certainly seems to be some opportunity to buy when there is "Blood in the streets" , which sadly we are seeing more and more of, but I'm not seeing the price drop yet.
Inflation Deflation Article
This story below from Japan hits home, and seems to match our current situation. Who is really buying in all this mess?
Falling wages led to a decrease in demand, which led to lower prices. Lower prices led to the expectation that prices would continue to decline, so consumers held off on making purchases. Lack of demand caused prices to fall further and the downward spiral continued. Combine that with interest rates that hovered near zero and a depreciating yen,56 and economic expansion coming to a screeching halt.
I'm currently sitting with the August version of the uneducated economist, even though it seems like he's changed his mind since March above. Interesting little recent video about inflation. I've had this feeling recently that it would be better for me to buy certain things I'd like now rather than wait until later when money inflates and prices rise.
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